Hamilton Beach Brands (HBB) Stock Forecast, Price & News

Hamilton Beach Brands' stock was trading at $12.39 on January 1st, 2023. Since then, HBB shares have decreased by 22.5% and is now trading at $9.60.
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Hamilton Beach Brands saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 107,000 shares, a decrease of 6.7% from the April 30th total of 114,700 shares. Based on an average trading volume of 13,300 shares, the short-interest ratio is currently 8.0 days. Approximately 1.9% of the company's shares are sold short.
View Hamilton Beach Brands' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our HBB earnings forecast.

Hamilton Beach Brands Holding (NYSE:HBB) posted its quarterly earnings data on Thursday, March, 9th. The company reported $0.51 earnings per share (EPS) for the quarter. The business had revenue of $196.25 million for the quarter. Hamilton Beach Brands had a trailing twelve-month return on equity of 11.15% and a net margin of 2.14%.

Hamilton Beach Brands declared a quarterly dividend on Thursday, May 11th. Shareholders of record on Thursday, June 1st will be paid a dividend of $0.11 per share on Thursday, June 15th. This represents a $0.44 annualized dividend and a dividend yield of 4.58%. The ex-dividend date is Wednesday, May 31st. This is a positive change from the stock's previous quarterly dividend of $0.11.
Read our dividend analysis for HBB.

Hamilton Beach Brands (NYSE:HBB) pays an annual dividend of $0.42 per share and currently has a dividend yield of 4.37%. HBB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 43.75%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for HBB.

Hamilton Beach Brands updated its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $640.95 million-$640.95 million, compared to the consensus revenue estimate of $638.60 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hamilton Beach Brands investors own include Novavax (NVAX), Advanced Micro Devices (AMD), NVIDIA (NVDA), Gilead Sciences (GILD), Nautilus (NLS), Sorrento Therapeutics (SRNE), AbbVie (ABBV), Agnico Eagle Mines (AEM), Carnival Co. & (CCL) and Chevron (CVX).

Hamilton Beach Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "HBB."

Hamilton Beach Brands' stock is owned by many different retail and institutional investors. Top institutional shareholders include FMR LLC (4.20%), Dimensional Fund Advisors LP (2.83%), CM Wealth Advisors LLC (0.85%), RBF Capital LLC (0.23%), Susquehanna International Group LLP (0.14%) and O Shaughnessy Asset Management LLC (0.09%). Insiders that own company stock include Gregory H Trepp, Paul Dwinelle Furlow and Sarah M Cunningham.
View institutional ownership trends.

Shares of HBB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HBB stock can currently be purchased for approximately $9.60.

Hamilton Beach Brands (NYSE:HBB) has a market capitalization of $135.36 million and generates $640.95 million in revenue each year. The company earns $25.27 million in net income (profit) each year or $0.96 on an earnings per share basis.

The company employs 685 workers across the globe.

Hamilton Beach Brands' mailing address is 4421 WATERFRONT DRIVE, GLEN ALLEN VA, 23060. The official website for the company is www.hamiltonbeachbrands.com. The company can be reached via phone at (804) 273-9777 or via email at louanne.nabhan@hamiltonbeach.com.